HP and Smartpress Sign Multi-million Dollar Deal for HP Indigo High-definition Presses

PALO ALTO, Calif., Oct. 02, 2018 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) and Smartpress, a web-to-print company specializing in premium digital printing for corporate buyers and creative professionals, today announced a multi-million dollar deal for a fleet of HP Indigo’s most advanced commercial press, the HP Indigo 12000 HD Digital Press.

HP Indigo 12000 HD Digital Press
  HP Indigo's most advanced commercial press

Premium print by Smartpress printed on HP Indigo digital presses
  Creating brilliant print for customers

Connecting creatives to digital printing with HP and Smartpress
  Smartpress expanding HP Indigo fleet to keep pace with growth.

The purchase of five high-definition HP Indigo 12000 HD digital presses by the all-digital Smartpress significantly upgrades the HP Indigo footprint at the site of Minnesota-based commercial printer, as it sets to scale operations with higher automation and capacity.  All five presses are scheduled for installation by the end of this month.

“Expanding and upgrading our HP Indigo fleet will allow us to keep pace with our continued growth at Smartpress. And the addition of the HD writing heads stays true to our motto of creating brilliant print for our customers,” said Matt Hanson, President, Smartpress.

The High Definition Imaging System for the B2-sized HP Indigo 12000 HD Digital Press doubles image resolution, providing a new quality benchmark with sharper, smoother print for HP Indigo LEP-technology based production. The press is also enabled for the new HP Indigo HDFM screening technology1 to reach finer, moiré-free print for increased detail in high-end commercial and photo applications.  Supporting the widest range of commercial print applications in the industry, the HP Indigo 12000 HD Digital Press is compatible with the industry’s widest variety of substrates up to 29 inches, with the added capability to print sophisticated and unlimited variable data and variable imagery.

“Indigo’s productivity will enable us to scale, provide quality products to our customers quickly at a competitive cost, while the versatility of substrates and applications helps us stay nimble,Hanson added.

Smartpress will also use the press HP Indigo One Shot capability to print on synthetics for retail customers including signage and loyalty cards, in addition to highly customized commercial printing, posters, and direct mail.

“This sizeable investment in the new HP Indigo 12000 HD Digital Press underscores the print industry’s preference for HP Indigo’s LEP technology for high-quality printing that can exceed offset quality but provide more versatility,” said Dave Prezzano, vice president and general manager, Graphics Solutions Business, Americas, HP Inc. “HP Indigo’s high-definition technology is a game changer, playing an important part in the growing transformation of the print industry from analog to digital printing, offering a more profitable and sustainable solution for printing.”

High efficiency on the HP Indigo 120000 HD is made possible by the Automatic Alert Agent, performing real-time print quality error detection while printing by highlighting inconsistencies between the digital file and the printed sheet. In addition, the HP Indigo Optimizer, the on-press assistant, uses an artificial intelligence algorithm for non-stop printing.

Smartpress is also taking advantage of HP PrintOS Color Beat, a fully automated color verification and monitoring tool continuously driving color performance excellence to help customers make color a competitive advantage. PrintOS is an ecosystem of cloud-based applications for simplifying and automating production from order to delivery for driving business growth with increased productivity.

More than 800 units of the market-leading2 HP Indigo 29-inch format solution have been installed worldwide.
HP Indigo B2 commercial printing technology offers digital printing of virtually any commercial application, unique inks, specialty media, and powerful variable data printing technology to increase engagement through next-level customization.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

   (1)   Scheduled for availability on the HP Indigo 12000HD Digital Press in early 2019.

   (2)   According to IDC market share data.

Forward-Looking Statements
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries (“HP”) may differ materially from those expressed or implied by such forward-looking statements and assumptions.
All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.
Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of the restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2015, HP’s Quarterly Reports on Form 10-Q for the fiscal quarters ended January 31, 2016, April 30, 2016 and July 31, 2016, and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP’s Investor Relations website at www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated and new information is posted.

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